75898 results returned for search: "" category "Business"
Insurance-linked securities services specialist Horseshoe Group has expanded its operations to Gibraltar.
The firm’s move comes after Gibraltar finalised its own ILS guidelines, launching its own bid for market share in the booming sector.
Horseshoe,...
DATE: Oct 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
Freisenbruch-Meyer Insurance Services Ltd said yesterday it was dealing with around 200 claims related to damage from Tropical Storm Fay.
And the insurer urged its customers to patch up any damage to their properties to make them as secure as possibl...
DATE: Oct 15, 2014
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CATEGORY:
Local Business
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The Island’s shipping industry is already making plans for the arrival of Hurricane Gonzalo.
The Bermuda Islander is expected to arrive in Hamilton tomorrow, but she will be making a swift turn around and leaving the same day.
Once her 100 or so cont...
DATE: Oct 15, 2014
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CATEGORY:
Other
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Hamilton Re chief executive officer Kathleen Reardon told a group of newly accredited underwriters that it is possible to find a balance between career and family commitments — but it requires a lot of energy.
Ms Reardon, a mother of two young childr...
DATE: Oct 15, 2014
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CATEGORY:
Reinsurance
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AUTHOR:
Jonathan Kent
DUBLIN (Bloomberg) — Ireland’s government will phase out a tax shelter used by US companies from Google to LinkedIn, amid mounting pressure from international authorities.
The “Double Irish”, which allows companies to avoid paying tax on much of thei...
DATE: Oct 15, 2014
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CATEGORY:
International Business
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Bermuda-based reinsurer Till Capital Ltd has completed its acquisition of Canadian insurer Omega Insurance Holdings, Inc.
Till said it will pay $15.4 million — the equivalent of 1.2 times Omega’s book value as of June 30, 2014 — for all Omega’s share...
DATE: Oct 15, 2014
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CATEGORY:
Reinsurance
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Cayman Airways has been named one of the world’s top airlines.
Travel critic Richard Bangs listed it as one of his eight favourites, alongside Qatar Airways, Etihad Airways, Cathay Pacific, Turkish Airlines, LAN Airlines, and Emirates.
The airline pr...
DATE: Oct 15, 2014
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CATEGORY:
Other
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Robert Stauffer plans to retire as chief executive officer of energy mutual insurers Oil Insurance Limited (OIL) and Oil Casualty Insurance Ltd (OCIL) at the start of 2016.
Mr Stauffer has led the companies for more than a decade and has also served ...
DATE: Oct 15, 2014
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CATEGORY:
Reinsurance
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No shares traded on the Bermuda Stock Exchange today, leaving The Royal Gazette/BSX Index unchanged on 1,378.97.
The BSX Insurance Index fell sharply in another down day for the US stock market, dipping 17.27 points, or 1.19 percent, to close on 1,43...
DATE: Oct 15, 2014
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CATEGORY:
Bermuda Stock Exchange
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Bermuda’s Chamber of Commerce today old members to make sure they had plans in place to protect their businesses and staff as Hurricane Gonzalo looms on the horizon.
A spokeswoman for the business body said that the Chamber’s advice was that busines...
DATE: Oct 15, 2014
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CATEGORY:
Local Business
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AUTHOR:
Raymond Hainey, Assistant News Editor
